25-27 McNaughton Street Akron, OH 44305
Description
5042658
$3,565(2023)
5,001 SQFT
Multifamily
1918
Akron Csd - 7701
Summit County
Tallmadge 13
Listed By
YES MLS
Last checked Sep 16 2024 at 7:14 PM GMT+0000
- Full Bathrooms: 8
- Tallmadge 13
- Gas
- Forced Air
- Full
- Roof: Asphalt
- Roof: Fiberglass
- Utilities: Water Source: Public
- Sewer: Public Sewer
- Paved
- No Garage
- 3
- 5,800 sqft
The rental history with the opportunity is value-add after investment. The property is close to the University of Akron and Akron City Hospital. This property features 8 UNITS that are currently cash-flowing below market rates. Highlights include plumbing that added 4 full baths, making it 10 BEDS / 8 BATHS.
This property features a dry basement and one vacant unit that is ready to turn and increase the rental rates. The property requires a water-meter upgrade to benefit the cash flow model. The units are NNN except water and sewer, which is on one meter for all units.
Most units are month-to-month. Contractor/investors are well suited to make this property cash flow at its highest.
Call for additional information. The property is currently managed by a company for the investor/owner.